Cryptovoxels is a virtual world built on the

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Therefore, you can rent out real estate in the metaverse. Advertising If the site is located in a popular or passable place, the owner can place his advertisement. Or put up a billboard on the site and rent out the space to companies and brands. Work and event organization Virtual real estate can be used as a virtual space for meetings and conferences.

And also to organize parties, concerts and sell tickets to them. Entertainment and the thailand telegram number database opportunity to realize oneself in an alternative society Gamers already spend most of their time in a virtual environment. The emergence of metaverses allows them to experience the effect of presence more than ever before.

And some people just like to visit virtual festivals, matches, museums, go to visit. Especially if there is no opportunity or desire to go out into society in real life. In metaverses, they can improve their digital version, meet new people, realize themselves and gain authority. How the digital real estate market works Among the main aspects of the market we can highlight: Platforms and Metaverses Real estate exists within virtual platforms or metaverses that provide a space for users to create, buy, and sell digital objects and land.

For example: Decentraland is a virtual platform where users buy and sell land plots and build various objects on them. Real estate objects in the space are presented in the form of non-fungible tokens (NFT), which makes each object unique; The Sandbox is another virtual world platform that allows users to create and monetize their virtual experiences and assets using blockchain.

In The Sandbox, users can buy land and build games or social spaces on it; Ethereum blockchain. Cryptovoxels focuses on the creation, exhibition, and sale of digital art. Here, users build houses, art galleries, shops, and other virtual spaces on purchased plots; Upland — uses blockchain to verify ownership of virtual objects, offering players an economic model based on real estate.

It is a mobile game in which users can buy and sell virtual real estate that is mapped to the real world. Blockchain technology Most digital real estate trading platforms use blockchain to ensure the transparency, security, and immutability of transactions. Land and real estate are often ERC-721 or ERC-1155 tokens on the Ethereum blockchain.

This makes each property unique and its ownership verifiable. When a person or company buys digital real estate, they receive a “deed” — proof of ownership of the property. The “deed” is stored on the blockchain. Digital real estate owners can then sell their land, passing it on to the next buyer.

Market platforms The sale and purchase of digital real estate usually takes place through specialized platforms and marketplaces. Transactions are carried out using blockchain technology, ensuring the transparency and security of transactions. For example, through OpenSea. Such markets allow sellers to list their properties for sale, set prices and interact with potential buyers.